Buy and hold KCgirl. ULTA will grow for years to come. Somebody said it right after a post that ULTA was going to $70. "After a 3 for 1 split?" We'll see how its relative strength holds up during the next market correction. I believe it will hit $200 in the next 2 years. Take a look at KORS. That's another buying opportunity.
not getting the pull back that I was expecting yesterday and then jumps another 2.4% today. I'd watch for a trap on this if your picking up huge shares.
Sentiment: Strong Sell
Cramer said "not buy" at least until the Alibaba panic is over. I would wait until a retest of mid $90s, which should come soon.
In 1901, a squeeze in one stock brought down the entire market. Northern Securities was cornered, driving the price greatly higher. The squeeze led to a huge selloff in almost every other stock, as they were sold to buy or cover Northern Security positions.
This week, Alibaba goes public in a huge new issue. Jim Cramer himself says this could cause a retreat in the market, as most stocks are sold in order to establish positions in Alibaba.
I guess they don't cater to people who use foul language. Maybe you can find a better neighborhood where people are nicer.; Of course it's possible to sometimes buy cheaper elsewhere, but I have done really well with what I have bought at Ulta. I also like the convenience of having a local supplier for what I use. But even though I'm a shareholder, I don't use everything they offer and I don't shop there exclusively.
Cramer SUCKS!! If he is saying Buy Buy Buy, then I am REALLY GLAD I shorted 1k shares today @ 117.22!!! Nine times out of ten over the last six years when I have accidentally been on the same side of a trade as him, I have LOST money...I am NOT exaggerating...he is an albatross for me!!! Maybe I will make out OKAY being on the other side of this trade from him. That being said, I am only short for a short time...ten trading days AT THE MOST and probably less than a week!
Time will tell. I don't think the slobs I see in public now are poor. Beauty doens't matter to them. The more it becomes accepted, the worse it will get. A perfect example- how many women wear stockings anymore? Baggy knees are considered attractive as well as bulging stomachs that their shirts don't cover jiggling all over when they walk.
I would not be too surprised if you are right. I like Cramer but to me is just an entertainer. I'm long ULTA but I'm not buying more shares at this price. But I'm not selling either. We have years of growth but I wouldn't be a bit surprised if we have some down before we go up some more.
You are not making sense. As everyone grows older, they become a little more affluent, a little more conservative and a little more self aware of their appearance. You assume a slob is always a slob. Not true. As one earns financial means, they also upgrade their appearance and feel good. You can continue to shop at Walmart if you like but a woman will eventually want to shop at ULTA.
I don't. I'm in the cable and Internet industry. My wife has been shopping at ULTA for years. It's unlike any other beauty supply store. And they are growing gangbusters. You cannot get a comparable shopping experience with any other store. Hands down. That's why I bought in. Keep your eye on DSW, Designer Shoe Warehouse. It's not hot right now so a good time to buy in. She likes shopping there too.
It's pretty obvious that when the older ladies start to pass away, ULTA will be in trouble. Look at the women 30 and under these days in public. They are unkept, don't wear any makeup and definitely don't know how to dress. These women need to buy a mirror and a hair brush. If now were the 60's, 70's or 80's ULTA would be a gold mine. T-shirts, sweatpants and flip-flops are how they want to present themselves. Comfort slobs versus looks. Those stocks are the ones to buy these days. Very unfortunate.
I shorted 1k shares @ 117.22 and then watched it break $118! Oh well, I never could pick a top or a bottom!